DOCSLIB.ORG

Digital Health Is the Euphoria Justified?

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Digital Health Is the Euphoria Justified? Digital Health Is the euphoria justified? December 2020 Digital Health Is the euphoria justified? Adrita Bhattacharya-Craven, The Geneva Association In collaboration with Adam B. Cohen, Johns Hopkins University Saira Ghafur, Imperial College London Digital Health: Is the euphoria justified? 1 The Geneva Association The Geneva Association was created in 1973 and is the only global association of insurance companies; our members are insurance and reinsurance Chief Executive Officers (CEOs). Based on rigorous research conducted in collaboration with our members, academic institutions and multilateral organisations, our mission is to identify and investigate key trends that are likely to shape or impact the insurance industry in the future, highlighting what is at stake for the industry; develop recommendations for the industry and for policymakers; provide a platform to our members, policymakers, academics, multilateral and non-governmental organisations to discuss these trends and recommendations; reach out to global opinion leaders and influential organisations to highlight the positive contributions of insurance to better understanding risks and to building resilient and prosperous economies and societies, and thus a more sustainable world. The Geneva Association—International Association for the Study of Insurance Economics Talstrasse 70, CH-8001 Zurich Email: [email protected] | Tel: +41 44 200 49 00 | Fax: +41 44 200 49 99 Photo credits: Cover page— Ju Jae-young and IndianFaces / Shutterstock.com Page 31—cawee / Shutterstock.com December 2020 Digital Health: Is the euphoria justified? © The Geneva Association Published by The Geneva Association—International Association for the Study of Insurance Economics, Zurich. 2 www.genevaassociation.org Contents Foreword 5 1. Executive summary 6 2. Introduction 9 3. The digital health landscape 12 3.1. The momentum behind digital health 12 3.2. What does the digital health mass market offer? 13 3.3. How are consumers using digital health? 17 4. The hype versus the facts 18 4.1. Does digital health lead to healthier behaviour? 18 4.2. Does digital health lead to better health outcomes? 20 5. Digital health: Relevance for health and life insurers 22 5.1. A value chain perspective 22 5.2. Online survey results 25 5.2.1. Digital health strategies and opportunities 25 5.2.2. Current digital health platforms 26 5.2.3. Digital health influence across the value chain 27 5.2.4. Barriers to digital health 29 5.2.5. Risks of digital health 31 6. Recommendations: Where to go from here? 32 7. Closing remarks 35 References 36 Digital Health: Is the euphoria justified? 3 Acknowledgements This publication is a product of the Health and Ageing work stream of The Geneva Associa- tion, co-sponsored by Thomas Buberl, CEO of AXA, and Michel Khalaf, CEO of MetLife. We are very much indebted to the members of the Working Group, established in support of the research activities of our Health and Ageing work stream, with special thanks to an advisory group, namely Piet Maree (AIA), Joanna Richardson (AXA), Dr Leena Johns, MAXIS GBN (MetLife) and Achim Regenauer (PartnerRe), who guided the development of this report. In addition, we want to extend our deepest gratitude to all key contributors who helped craft key sections of the report, as well as all survey respondents who provided us with the richness of the data. Contributors include: Achim Regenauer (PartnerRe), Konstanty Owczarek (AIG), Dennis Noordhoek (The Geneva Association), Somesh Chandra (AXA) and Ellie Cole (UCL). Insurer survey respondents include: AIA; AIG, U.S.; AXA, Hong Kong; AXA PPP, U.K.; Ping An; Dai-ichi Life, Japan; DKV, Germany; DKV, Spain; MetLife; Nippon Life; and Prudential Financial. Provider survey respondents include: Daniel Nathrath (Ada Health), Jean Kramarz (AXA Partners), John Korangy (Care Clix), Antonio Sek (Chiron Healthcare Group), Rosaline Chow Koo (CXA), Peter Ohnemus (Dacadoo), George Baptise (DocDoc), Paul Tambeau (Doctor Care Anywhere), Lu (Lucy) Sun (Ping An Healthcare And Technology Company Limited/Good Doctor), Andrew Smith (Grameen Digital Healthcare Solutions, formerly Telenor Health), Group Fit Ventures, Mark Wauton (Global Gene Corp), Paul Feldhausen (Holmusk), Yaron Savoray (KHealth), Kauri Onguchi and Dora Lam (Neurotrack), Tetsuya Nojiri (Oishi Kenko), Jonathan Lau (Pedder Health), Adam Odessky (Sense.ly), Magdalena Llavallol (ÜMA Health) and Y.C. Tsang (UMP Healthcare). 4 www.genevaassociation.org Foreword For the enormous hardship that the COVID-19 pandemic has brought to the world, there are a few silver linings if we look closely. Many industries, for example, achieved accelerated digitalisation as a result of people moving to virtual interactions in their professional and personal lives. Healthcare was one of these industries, and its digital transformation was long overdue. Digital health, with the prospects that it can increase the accessibility and affordability of healthcare, is attractive for individuals, health providers and insurers alike. The research for this report was carried out during a period of sharp and significant growth in the digital health market. Projected increases on the supply and demand sides actually continued to rise throughout the research process. Our research has found, however, that popularity and promise do not guarantee clear, positive, health or financial outcomes. During this period of incredible evolution of the digital health market, healthcare providers as well as payers, like insurers, must prioritise strategies that harness digital health for the benefit of society. This will require a deep investment into understanding the gaps in digital health, such as obstacles thus far to reaching older populations, and how to address them going forward. There are daunting challenges surrounding data – how to integrate data across businesses and the looming issue for insurers of gaining and retaining customer trust. We are pleased to put forward recommendations in this report to help guide insurers on their digital health journeys. Paradoxically, our health systems, perhaps now more stressed than ever, have the potential to soon be more advanced than ever. Insurers should seize this opportunity to contribute maximum value to the physical and mental health of their customers. Jad Ariss Managing Director Digital Health: Is the euphoria justified? 5 1. Executive summary Digital health is already a multibillion dollar market and its growth is expected to continue at an increased rate in the coming years. In general, this growth has been spurred by factors including: improved access to affordable care; rising consumer expectations in a tech-enabled environment; and efforts to control the spiralling costs of care. More recently, the catalytic effects of COVID-19 have further accelerated the uptake of digital health. It is therefore timely for the insurance industry to take stock of its current strategy for digital health and understand how it can be harnessed to support global goals towards improved and equitable healthcare. This report starts by outlining the landscape of the digital health market, focusing on popular consumer-centric solutions as opposed to provider- or payer-centric ones. Subsequently, the impact of digital health on health behaviour and outcomes is explored, and practice, perceptions and strategic considerations for the health and life insurance industry are elaborated upon. The availability of detailed information on the supply-side characteristics of digital health varies by product and region, but there are common headline characteristics: • Mobile apps have created a microcosm in the digital health market. A report by IQVIA in 2017 estimated that 200 health apps are published every day, often with limited regulatory oversight. Wellness apps dominate, but apps for specific health conditions have gained in importance in recent years. However, less than 50 health apps have been downloaded more than 10 million times, suggesting widespread fragmentation in the app market. Mental health, diabetes and cardiovascular diseases (CVDs) are the most popular intervention areas. • Globally, the use of telemedicine has risen rapidly, triggered by the COVID-19 pandemic to provide round-the-clock consultations and advice on routine ailments. According to a report by McKinsey, in the U.S. alone, 46% of consumers now use telehealth compared to just 11% in 2019. In contrast, and beyond COVID-19, telemedicine interventions in Europe have a strong focus on health conditions such as CVDs, diabetes, chronic obstructive pulmonary diseases (COPDs) and obesity. • Asia’s share of the digital health market is on the rise. Funding has doubled from USD 808 million in the first quarter to USD 1,663 million in the second quarter of 2020. China is leading the way, with a sharp rise in telehealth seen during recent months. Countries with fewer resources across Asia and Africa have adopted digital health in areas ranging from financial protection to primary healthcare, often aided by a growing penetration of mobile phones. Digital health is often seen as an antidote to the problems arising from inactive lifestyles. Mobile apps, sensors and fitness trackers promise long- term behavioural change and are most effective when they incorporate the key ingredients of behavioural change techniques (BCTs). However, a survey of mobile apps aimed at the wellness market found that few contained a 6 www.genevaassociation.org balanced spectrum of BCTs. While there is some Online survey
Load more

Recommended publications
  • Annual Report 2019
    Annual Report 2019 Advance Reading Copy Subject to Modification and Amendments At a Glance 2019 Key Figures (IFRS) in € millions 2019 2018 2017 2016 2015 Business Development Group revenues 18,023 17,673 17,190 16,950 17,141 Operating EBITDA 2,909 2,586 2,636 2,568 2,485 EBITDA margin in percent1) 16.1 14.6 15.3 15.2 14.5 Bertelsmann Value Added (BVA)2) 89 121 163 180 180 Group profit 1,091 1,104 1,198 1,137 1,108 Investments3) 1,270 1,434 1,103 1,240 1,259 Consolidated Balance Sheet Equity 10,445 9,838 9,127 9,895 9,434 Equity ratio in percent 38.2 38.8 38.5 41.6 41.2 Total assets 27,317 25,343 23,713 23,794 22,908 Net financial debt 3,364 3,932 3,479 2,625 2,765 Economic debt4) 6,511 6,619 6,213 5,913 5,609 Leverage factor 2.6 2.7 2.5 2.5 2.4 Dividends to Bertelsmann shareholders 180 180 180 180 180 Distribution on profit participation certificates 44 44 44 44 44 Employee profit sharing 96 116 105 105 95 As of January 1, 2019, the new financial reporting standard IFRS 16 Leases was applied for the first time. In accordance with the transitional provisions of IFRS 16, prior-year comparatives have not been adjusted. Further details are presented in the section “Impact of New Financial Reporting Standards.” The figures shown in the table are, in some cases, so-called Alternative Performance Measures (APM), which are neither defined nor described in IFRS.
    [Show full text]
  • Speakers and Moderators
    Speakers and Moderators 6th EIOPA Annual Conference Tuesday, 18 October 2016 Frankfurt am Main Gabriel Bernardino Gabriel Bernardino is Chairman of the European Insurance and Occupational Pensions Authority (EIOPA). He is responsible for the strategic direction of EIOPA and represents the Authority at the Council of the European Union, the European Commission and the European Parliament. Mr. Bernardino prepares the work of EIOPA's Board of Supervisors and also chairs the meetings of the Board of Supervisors and the Management Board. Mr. Bernardino is the first Chairperson of EIOPA. He was elected by the Board of Supervisors of EIOPA on 10 January, 2011. His nomination followed a pre-selection of the European Commission and was confirmed by the European Parliament after a public hearing held on 1 February, 2011. Mr. Bernardino assumed his responsibilities on 1 March, 2011. Prior to his current role, Mr. Bernardino was the Director General of the Directorate for Development and Institutional Relations at the Instituto de Seguros de Portugal (ISP). He has served in several positions of increasing responsibility since he joined the ISP in 1989 and represented EIOPA's preceding organisation, CEIOPS, as Chairman between October 2009 and December 2010. Melinda Crane Dr. Melinda Crane has given speeches and moderated events and discussions for a wide range of international organizations and firms. She is a frequent guest and commentator on German television and radio and regularly analyzes US policy for the news broadcaster n-tv. An experienced TV anchor, she is chief political correspondent at DW TV and also hosts the DW talk show “Quadriga”.
    [Show full text]
  • Prospectus 2020 (March 24, 2020)
    Debt Issuance Programme Prospectus dated 24 March 2020 This document constitutes the base prospectus for the purposes of Article 8(1) of Regulation (EU) 2017/1129 of the European Parliament and of the Council of 14 June 2017, (the "Prospectus Regulation") and the Luxembourg act relating to prospectuses for securities of 16 July 2019 (Loi du 16 juillet 2019 relative aux prospectus pour valeurs mobilières et portant mise en œuvre du règlement (UE) 2017/1129) (the "Luxembourg Law") of Bertelsmann SE & Co. KGaA in respect of non-equity securities within the meaning of Article 2(c) of the Prospectus Regulation ("Non-Equity Securities"), (the "Debt Issuance Programme Prospectus" or the "Prospectus"). Bertelsmann SE & Co. KGaA (Gütersloh, Federal Republic of Germany) as Issuer EUR 5,000,000,000 Debt Issuance Programme (the "Programme") This Prospectus has been approved by the Luxembourg Commission de Surveillance du Secteur Financier (the "Commission") as competent authority under the Prospectus Regulation. The Commission only approves this Prospectus as meeting the standards of completeness, comprehensibility and consistency imposed by the Prospectus Regulation. Such approval should not be considered as an endorsement of the issuer or of the quality of the Notes that are the subject of this Prospectus. Investors should make their own assessment as to the suitability of investing in the Notes. Application has been made to list Notes issued under the Programme on the official list of the Luxembourg Stock Exchange and to trade Notes on the Regulated Market or on the professional segment of the Regulated Market "Bourse de Luxembourg". The Luxembourg Stock Exchange's Regulated Market is a regulated market for the purposes of the Market in Financial Instruments Directive 2014/65/EU, as amended (the "Regulated Market").
    [Show full text]
  • Entscheidungen Im August 2020 Und Ergebnisse Der 252. Sitzung Der KEK Zulassungen • Supreme Master TV / Supreme Master Ching Hai Deutschland E
    KEK-Pressemitteilung 04/2020 • Berlin, 8. September 2020 Entscheidungen im August 2020 und Ergebnisse der 252. Sitzung der KEK Zulassungen • Supreme Master TV / Supreme Master Ching Hai Deutschland e. V. • TVR (Arbeitstitel) / Deutsches Musik Fernsehen GmbH & Co. KG Beteiligungsveränderungen • TM-TV GmbH • ProSiebenSat.1 Media SE • RTL Group S.A. • German Car TV Programm GmbH und MV Sendebetriebs- gesellschaft UG (haftungsbeschränkt) • sporttotal.tv GmbH • WeltN24 GmbH und Bild GmbH Die Kommission zur Ermittlung der Konzentration im Medienbereich (KEK) hat entschieden, dass den folgenden Zulassungen und Beteiligungsveränderungen keine Gründe der Sicherung der Meinungsvielfalt entgegenstehen: Zulassung Supreme Master TV / Supreme Master Ching Hai Deutschland e. V. Der Supreme Master Ching Hai Deutschland e.V. hat bei der Medienanstalt Berlin-Brandenburg (mabb) eine Zulassung für das bundesweite Fernsehspartenprogramm Supreme Master TV beantragt. Das Programm Supreme Master TV ist geprägt vom Leben und Wirken der Ching Hai, einer vietnamesischen Schriftstellerin, Unternehmerin und Meditationslehrerin, die in ihrem Umfeld als spirituelle Meisterin gilt. Themenschwerpunkte sind unter anderem Veganismus, Frieden, Kultur, Spiritualität, Umwelt und Gesundheit. Supreme Master TV wird bereits international über verschiedene Ausspielwege verbreitet. In Deutschland ist der Empfang über die sendereigene Website www.suprememastertv.com und über YouTube, Apple TV, Amazon Fire TV sowie Android-Smart-TV-Systeme und TikTok möglich. 1/8 Zulassung TVR (Arbeitstitel) / Deutsches Musik Fernsehen GmbH & Co. KG Die Deutsches Musik Fernsehen GmbH & Co. KG plant ein Unterhaltungsspartenprogramm unter dem Arbeitstitel TVR. Das Programm soll frei empfangbar über Satellit (Astra) und Kabel (PŸUR/Tele Columbus) erfolgen. Ein entsprechender Zulassungsantrag wurde bei der Bremischen Landesmedienanstalt (brema) gestellt. Die Deutsches Musik Fernsehen GmbH & Co.
    [Show full text]
  • AXA Impact Fund – Climate & Biodiversity
    For professional clients only December 2019 Impact Investing Case Study Private Markets Defining strategic impact objectives: AXA Impact Fund – Climate & Biodiversity Impact investment at AXA Investment Managers follows deepest and most diversified investment opportunity sets to a simple guiding principle—what we do should deliver generate outcomes that are intentional, measurable, and positive. impact “Addressing eroding biodiversity is a complex but This principle lies at the heart of the AXA Impact Fund - increasingly pressing challenge. Nature produces Climate & Biodiversity, our third impact fund and one elements essential to human activity and to our very focused on the ecosystems that will support our world survival, from food and shelter to medicines’ active into the future. ingredients. Moreover, diverse ecosystems are key to tackling climate change, as flourishing forests and well- preserved oceans absorb carbon emissions. Conversely, We believe that finance has a role in fostering a society that climate change accelerates biodiversity loss, creating a supports fairness and equity, as well as an environment that vicious circle. Our dependence on diverse ecosystems to can sustain our population and our investments over the long thrive, if not survive, is therefore not to be doubted.” — term. This is core to our identity, and is embedded in what Thomas Buberl – AXA Group CEO we do and in how we serve our clients. outcomes. This is why we established the AXA Impact Investing (Private The Climate & Biodiversity fund, launched in July 2019, was Equity) strategy in 2012. Our objective was to use our developed in response to increasing concerns about how institutional investing expertise to demonstrate that investors climate change threatens biodiversity.
    [Show full text]
  • Informational Materials
    This is the ‘decisive decade’ to fight climate change — and insurers need NSD/FARA Registration Unit 08/09/2021 3:54:36 PM B Sign in URL: https://money.yahoo.com/how-insmers-can-combat-climate-change-152416073.html Coronavirus Articles &'Tutorials News Career Planning yahoo/financeYahoo Finance This is the ‘decisive decade’ to fight climate change — and insurers need to play a key role Read full article Sting Thomas Buberl Retirement June 11, 2021 -5 min read https://money.yahoo.com/how-insurers-can-combat-climate-change-l524Registration Unit 08/09/2021 3:54:36 PM This is the ‘decisive decade’ to fight climate change — and insurers need NSD/FARA Registration Unit 08/09/2021 3:54:36 PM U.S. Special Presidential Envoy for Climate John Kerry greets Transportation Secretary Pete Buttigieg, not pictured, ahead of a virtual Climate Summit with world leaders in the EaSt Room at the White House in Washington, U.S., April 23, 2021. REUTERS/Tom Brenner More This is an opinion piece by Thomas Buberl, the CEO ofAXA, a Paris-based international insurance company with operations in 54 countries around the world. As a European CEO of a global company long committed to combating climate change, I have always been convinced the United States has a decisive part to play in meeting the ambitious objectives of the Paris climate agreement. The emissions pledges at the recent White House "Climate Summit of World Leaders" by President Biden and many other world leaders illustrate that these goals are now shared on both sides of the Atlantic, ahead of the key COP 26 climate negotiations in Glasgow, Scotland this November.
    [Show full text]
  • California Earthquake Insurance Unpopularity: the Issue Is the Price, Not the Risk Perception Adrien Pothon, Philippe Gueguen, Sylvain Buisine, Pierre-Yves Bard
    California earthquake insurance unpopularity: the issue is the price, not the risk perception Adrien Pothon, Philippe Gueguen, Sylvain Buisine, Pierre-Yves Bard To cite this version: Adrien Pothon, Philippe Gueguen, Sylvain Buisine, Pierre-Yves Bard. California earthquake insurance unpopularity: the issue is the price, not the risk perception. Natural Hazards and Earth System Sci- ences, Copernicus Publ. / European Geosciences Union, 2019, 19 (8), pp.1909-1924. 10.5194/nhess- 19-1909-2019. hal-03035556 HAL Id: hal-03035556 https://hal.archives-ouvertes.fr/hal-03035556 Submitted on 15 Jan 2021 HAL is a multi-disciplinary open access L’archive ouverte pluridisciplinaire HAL, est archive for the deposit and dissemination of sci- destinée au dépôt et à la diffusion de documents entific research documents, whether they are pub- scientifiques de niveau recherche, publiés ou non, lished or not. The documents may come from émanant des établissements d’enseignement et de teaching and research institutions in France or recherche français ou étrangers, des laboratoires abroad, or from public or private research centers. publics ou privés. Nat. Hazards Earth Syst. Sci., 19, 1909–1924, 2019 https://doi.org/10.5194/nhess-19-1909-2019 © Author(s) 2019. This work is distributed under the Creative Commons Attribution 4.0 License. California earthquake insurance unpopularity: the issue is the price, not the risk perception Adrien Pothon1,2, Philippe Gueguen1, Sylvain Buisine2, and Pierre-Yves Bard1 1ISTerre, Université de Grenoble-Alpes/Université de Savoie Mont Blanc/CNRS/IRD/IFSTTAR, Grenoble, France 2AXA Group Risk Management, Paris, France Correspondence: Adrien Pothon ([email protected]) Received: 1 February 2019 – Discussion started: 8 February 2019 Revised: 1 August 2019 – Accepted: 2 August 2019 – Published: 29 August 2019 Abstract.
    [Show full text]
  • Eckert & Kaun · Antiquariat Plantage 13 · 28215 Bremen (Ladengeschäft
    Eckert & Kaun · Antiquariat Plantage 13 · 28215 Bremen (Ladengeschäft: Richtweg 4 – 28195 Bremen) Telefon 0421-72204 · Fax 0421-70 76 58 EMail: [email protected] UID/VAT-Nr. DE 261521379 Geschäftszeiten: Montag bis Freitag 11 – 18 Uhr Samstag 11 – 15 Uhr Mitglied im Verband deutscher Antiquare e.V. Umschlag vorne: Moholy-Nagy, Nr. 802 Umschlag hinten: Anonym, Nr. 1162 KATALOG 16 Winter 2013/14 Ältere Literatur 1 – 177 Literatur und illustrierte Bücher 178 – 871 Kunst und Kunstgeschichte 872 – 1061 Fotografie 1062 – 1206 Varia 1207 – 1271 Lieferbedingungen Das Angebot ist freibleibend. Es besteht kein Lieferzwang. Die Preise verstehen sich in EURO inclusive der gesetzlichen Mehrwertsteuer. Der Versand erfolgt auf Kosten des Bestellers. Die Rechnung ist zahlbar rein netto nach Er halt. Bei begründeten Beanstandungen wird jede Lieferung zurück genommen, jedoch nicht später als 8 Tage nach Empfang. Eigentumsvor behalt nach § 455 BGB. Erfüllungsort und Gerichtsstand unter ausdrücklichem Einbezug des Mahnverfahrens ist für beide Teile Bremen. Lieferung an unbekannte Besteller gegen Vorausrech nung oder durch Nachnahme. Widerrufsrecht: Sie können Ihre Vertragserklärung inner - halb von einem Monat ohne Angaben von Gründen in Textform (Brief, e-mail etc.) oder durch Rücksendung der Sache widerrufen. Die Frist beginnt frühestens mit Erhalt dieser Belehrung. Zur Wahrung der Widerrufsfrist genügt die rechtzeitige Absendung des Widerrufs oder der Sache. Widerruf ist zur richten an: Eckert & Kaun GbR, Plantage 13, 28215 Bremen Bankverbindungen Sparkasse in Bremen Kto.-Nr. 1068170 BLZ 290 501 01 IBAN BIC DE88 2905 0101 0001 0681 70 SBREDE22 Postbank Hamburg Kto.-Nr. 5288 73-207 BLZ 200 100 20 IBAN BIC DE87 2001 0020 0528 8732 07 PBNKDEFF 3 ÄLTERE LITERATUR selben von Ferdinand Delbrück.
    [Show full text]
  • DER SPIEGEL Jahrgang 1999 Heft 47
    Werbeseite Werbeseite DAS DEUTSCHE NACHRICHTEN-MAGAZIN Hausmitteilung 22. November 1999 Betr.: Tschetschenien, Mannesmann, Titel, Pay-TV inge es nach den Russen, dürften al- Glenfalls ihre eigenen Kriegsbericht- erstatter aus Tschetschenien berichten. SPIEGEL-Redakteur Christian Neef, 47, schon im letzten Krieg mehrfach vor Ort, gelangte dennoch in die abgeriegelte Kriegsprovinz. Er besuchte die tsche- tschenischen Kommandeure der Süd- westfront und sprach mitten in den Rui- DER SPIEGEL nen von Grosny mit Vizepräsident Wacha Neef (r.), tschetschenische Kämpfer Arsanow. Um Neef nachts einen halb- wegs sicheren Rückweg zu ermöglichen, gab ihm Arsanow seinen eigenen Jeep und einen handgeschriebenen Brief an alle Kommandeure mit: „Erweisen Sie dem Überbringer dieser Nachricht alle erdenkliche Hilfe.“ Danke. (Seite 196) n das kleine Konferenzzimmer im 21. Stock, wo Mannesmann-Chef Klaus Esser Ivergangene Woche die SPIEGEL-Redakteure Frank Dohmen, 36, und Gabor Steingart, 37, empfing, kommen sonst nur wenige Gäste. Der letzte Besucher vor den SPIEGEL-Leuten war Vodafone-Chef Chris Gent gewesen, der Esser die gigan- tische Summe von 242 Milliarden Mark für das Düsseldorfer Traditionsunterneh- men offeriert hatte. In dem anderthalbstündigen SPIEGEL-Gespräch erläuterte Esser, warum er das Angebot ausschlug und wie er plant, eine feindliche Übernahme abzuwehren. Dabei verriet er auch, dass zehn Investmentbanker an einem gehei- men Ort untergebracht sind, die ihn bei seinem Kampf unterstützen. Esser will keine national aufgeladene Diskussion, sondern sich an die klaren Spielregeln der internationalen Finanzwelt halten: „Der Markt hat immer Recht.“ (Seite 122) s regt sich was bei Deutschlands Frauen. Sie entwickeln kämpferischen Geist Eund Lust an der Macht, verbünden sich zum Aufstieg in männliche Hierar- chien – oder machen gleich ihre eigene Show: als Unternehmerinnen, die Beruf und Familie flexibel verbinden.
    [Show full text]
  • Component Titlepage
    Corporate governance - proxy voting from 21 Apr 19 to 30 Apr 19 Meeting Date Company (AGM/EGM) Resolution Vote cast Comments 22 Apr 19 Genuine Parts Company AGM 1.1 For Agenda item : Elect Director Elizabeth W. Camp. 22 Apr 19 Genuine Parts Company AGM 1.10 For Agenda item : Elect Director Wendy B. Needham. 22 Apr 19 Genuine Parts Company AGM 1.11 For Agenda item : Elect Director E. Jenner Wood, III. 22 Apr 19 Genuine Parts Company AGM 1.2 For Agenda item : Elect Director Paul D. Donahue. 22 Apr 19 Genuine Parts Company AGM 1.3 For Agenda item : Elect Director Gary P. Fayard. 22 Apr 19 Genuine Parts Company AGM 1.4 For Agenda item : Elect Director Thomas C. Gallagher. 22 Apr 19 Genuine Parts Company AGM 1.5 For Agenda item : Elect Director P. Russell Hardin. 22 Apr 19 Genuine Parts Company AGM 1.6 For Agenda item : Elect Director John R. Holder. 22 Apr 19 Genuine Parts Company AGM 1.7 For Agenda item : Elect Director Donna W. Hyland. 22 Apr 19 Genuine Parts Company AGM 1.8 For Agenda item : Elect Director John D. Johns. 22 Apr 19 Genuine Parts Company AGM 1.9 For Agenda item : Elect Director Robert C. "Robin" Loudermilk, Jr. 22 Apr 19 Genuine Parts Company AGM 2 Opposed Agenda item : Advisory Vote to Ratify Named Executive Officers' Compensation. UBS note : To align with our own interests, long term performance should be measured over a period of at least three years. 22 Apr 19 Genuine Parts Company AGM 3 For Agenda item : Ratify Ernst & Young LLP as Auditor.
    [Show full text]
  • Annual Report of Proxy Voting Record Date Of
    ANNUAL REPORT OF PROXY VOTING RECORD DATE OF REPORTING PERIOD: JULY 1, 2018 - JUNE 30, 2019 FUND: THE VANGUARD EUROZONE STOCK INDEX FUND --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- ISSUER: 1&1 Drillisch AG TICKER: DRI CUSIP: D23138106 MEETING DATE: 5/21/2019 FOR/AGAINST PROPOSAL: PROPOSED BY VOTED? VOTE CAST MGMT PROPOSAL #2: APPROVE ALLOCATION OF INCOME AND ISSUER YES FOR FOR DIVIDENDS OF EUR 0.05 PER SHARE PROPOSAL #3.1: APPROVE DISCHARGE OF MANAGEMENT BOARD ISSUER YES FOR FOR MEMBER RALPH DOMMERMUTH FOR FISCAL 2018 PROPOSAL #3.2: APPROVE DISCHARGE OF MANAGEMENT BOARD ISSUER YES FOR FOR MEMBER MARTIN WITT FOR FISCAL 2018 PROPOSAL #3.3: APPROVE DISCHARGE OF MANAGEMENT BOARD ISSUER YES FOR FOR MEMBER ANDRE DRIESEN FOR FISCAL 2018 PROPOSAL #4.1: APPROVE DISCHARGE OF SUPERVISORY BOARD ISSUER YES FOR FOR MEMBER MICHAEL SCHEEREN FOR FISCAL 2018 PROPOSAL #4.2: APPROVE DISCHARGE OF SUPERVISORY BOARD ISSUER YES FOR FOR MEMBER KAI-UWE RICKE FOR FISCAL 2018 PROPOSAL #4.3: APPROVE DISCHARGE OF SUPERVISORY BOARD ISSUER YES FOR FOR MEMBER CLAUDIA BORGAS-HEROLD FOR FISCAL 2018 PROPOSAL #4.4: APPROVE DISCHARGE OF SUPERVISORY BOARD ISSUER YES FOR FOR MEMBER VLASIOS CHOULIDIS FOR FISCAL 2018 PROPOSAL #4.5: APPROVE DISCHARGE OF SUPERVISORY BOARD ISSUER YES FOR FOR MEMBER KURT DOBITSCH FOR FISCAL 2018 PROPOSAL #4.6: APPROVE DISCHARGE OF SUPERVISORY BOARD ISSUER YES FOR FOR MEMBER NORBERT LANG FOR FISCAL 2018 PROPOSAL #5:
    [Show full text]
  • AXA Announces Senior Leadership Changes to Implement the New Phase of Its Strategic Journey
    Paris, March 25, 2021 AXA announces senior leadership changes to implement the new phase of its strategic journey AXA announces today changes in its senior leadership team to implement its new strategic plan, Driving Progress 2023, presented in December last year. “A new phase has started for AXA with the launch of its Driving Progress 2023 strategic plan. Our 2020 results have shown AXA’s resilience through the Covid-19 crisis and we are now fully focused on implementing our 2023 plan. In a context which will remain complex and volatile, we are announcing a renewed leadership team and a simpler organisation to accelerate the execution of our strategic priorities and to consolidate AXA’s leadership across all our markets,” commented Thomas Buberl, CEO of AXA. ❖ Simplification of AXA’s Corporate Center AXA’s Corporate Center will move to a simpler and more focused organization, in line with the operating model launched in 2017, and led by two Deputy CEOs: - Frédéric de Courtois will join AXA, on August 1st, as Deputy CEO, in charge of Finance and Investments, Risk Management, Strategy, and Ceded Reinsurance. - George Stansfield, Deputy CEO and Group General Secretary, in charge of Legal, Human Resources, Audit, Compliance and Public Affairs, will also oversee Communication, Brand and Sustainability. The two Deputy CEOs will therefore manage all of the Group’s central functions to ensure consistency and effectiveness in the implementation of the new strategic plan. In addition: - Etienne Bouas-Laurent, Group Chief Financial Officer, will become CEO of AXA Belgium, effective July 1st. He will replace Jef Van In who will take over a new transversal role to be announced shortly.
    [Show full text]